Two-Unit Multifamily Investment
632 Grier Ave Elizabeth, NJ 07202
632 Grier Ave, Elizabeth, NJ, 07202
$600,000
For Sale
$600,000
MULTI_FAMILY - Elizabeth City, NJ
Lot Size0.06 Acres
Days on Market48
Property Features for 632 Grier Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 6, Basement
- Standard status
- Active
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7378
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1918
- Number of units
- 2
Listing Agency
KELLER WILLIAMS - NJ METRO GROUP
(973) 783-7400
237 LORRAINE AVE, Montclair, NJ
Listed by
BRENDAN DASILVA · License #1753996
(973) 783-7400
Added: Jun 2 Checked: Jul 19 at 5:06 am
MLS# 4031716
Listing URL
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit multifamily property offers a practical mix of immediate use and future opportunity. Unit 1 is a 2-bedroom, 1-bath setup and is currently vacant, giving a buyer flexibility to move in, renovate, or re-tenant on their own timeline. Unit 2 is also configured with 2 bedrooms and 1 bathroom and is currently occupied on a month-to-month tenancy, supporting potential rental income while keeping options open. The property also includes additional bonus space, which can provide extra utility for storage, an expanded living area, or other income-enhancing possibilities.
Located in Elizabeth, the home is positioned for everyday convenience with proximity to public transportation as well as shopping, dining, parks, and major roadways. That accessibility can be a strong fit for tenants seeking a connected lifestyle and for owners looking for maintainable occupancy.
For buyers, this is a straightforward residential income opportunity with built-in leverage: one unit is ready for immediate attention, while the other provides ongoing tenancy on flexible terms. The bonus space further broadens the range of strategies available, whether your goal is modernization, repositioning, or simply maximizing the property’s utility as a two-unit rental.
Located in Elizabeth, the home is positioned for everyday convenience with proximity to public transportation as well as shopping, dining, parks, and major roadways. That accessibility can be a strong fit for tenants seeking a connected lifestyle and for owners looking for maintainable occupancy.
For buyers, this is a straightforward residential income opportunity with built-in leverage: one unit is ready for immediate attention, while the other provides ongoing tenancy on flexible terms. The bonus space further broadens the range of strategies available, whether your goal is modernization, repositioning, or simply maximizing the property’s utility as a two-unit rental.
Key Highlights
- Two‑unit multifamily property with Unit 1 (2BD/1BA) and Unit 2 (2BD/1BA)
- Unit 1 is currently vacant; Unit 2 is occupied on a month‑to‑month tenancy
- Built in 1918 with vinyl siding construction materials
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit property with one vacant unit and one month-to-month tenant plus bonus space for added income or flexibility.
Where is this duplex located?
The property is located at 632 Grier Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two‑unit multifamily property with Unit 1 (2BD/1BA) and Unit 2 (2BD/1BA); Unit 1 is currently vacant; Unit 2 is occupied on a month‑to‑month tenancy; Built in 1918 with vinyl siding construction materials
